The Consumer Price Index released today shows the price of eggs is climbing again as producers scramble to contain a highly contagious outbreak of avian flu that the US Department of Agriculture estimates has infected more than 50 flocks in the last 30...
Even though overall prices for food consumed at home held steady in June after inching up slightly in May, the impact was not even across all categories – causing consumers to continue to trade down and make tough decisions in the grocery aisles to balance...
A slight uptick in the price of food at home in May from April after months of steady decline isn’t as worrisome to some industry stakeholders as it could be given year-over-year food prices continued to slow and remained far lower than the double-digit...
Cash strapped British consumers are switching away from products which have been downsized by manufacturers in favour of buying products in bulk which offer better value for money.
Developing sharp and effective messaging through loyalty programs can effectively strengthen consumer engagement and loyalty at a time when 65% of consumers are concerned about inflation, according to 84.51°’s recent Inflation Special Report.
Discount stores need to keep a close eye on pricing strategies to remain competitive and balance affordability with product displays and differentiation, advises one industry insider.
Food and beverage brands and retailers likely will not see any time soon a rebound in inflation-supressed units and volumes across categories despite the Labor Department reporting a dip in grocery prices in March for the first time in more than two and...
Grocery prices may finally be falling after stubbornly going up for more than two and a half years even as annual inflation across other categories and overall have dropped in recent months, according to the most recent data from the Labor Department....
Rapidly rising food prices are expected to slow in 2023 after supply chain challenges, geo-political strife, climate change and agricultural policy changes contributed to record inflation in 2022 and prompted government action, according to federal agencies....
Overall US food prices accelerated in January over December after steadily slowing month-over-month between September and December, but the opposite is true for food consumed at home, which cooled in January – continuing a trend that began in December,...
While economists and investors celebrate a slowdown in overall inflation in the US, including for food at home, the price of some grocery staples continues to rise – most notably that for eggs, which increased a staggering 11.1% in December over November,...
While still rising, grocery prices appear to be cooling while those at restaurants are stabilizing – reinforcing industry leaders’ optimism that input costs are cresting and the macro environment is beginning to stabilize.
Record-high levels of food inflation are impacting different segments of the population differently, with those over the age of 50 who rate their physical or mental health as 'fair' or 'poor' struggling the most, a recent poll conducted...
Rising food prices may have slowed slightly in August, but the year-over-year increase continued to rise higher into the double digits than it has in more than 40 years, according to new data from the Department of Labor.
While inflation has impacted the entire food and beverage industry, recent data from Euromonitor shows that in certain categories the price of lower-priced items has increased exponentially compared to more modest price increases on higher-priced premium...
Notoriously thin operating margins in the food supply chain will likely keep manufacturers and retailers from incrementally lowering prices even as input costs begin to come down – preferring instead to wait until the economic landscape stabilizes and...
While overall inflation in the US cooled slightly in July, giving hope to some economists that financial pressures may be peaking, food prices continue to climb at their fastest rate in more than 40 years – suggesting the economic recovery still has a...
Kroger is seeing inflation heavily impact the way consumers are shopping at its stores, with many choosing more store brands and selecting fewer premium products (eg. switching from beef to pork), says CEO Rodney McMullen.
New Census data showing consumer spending on food slowing in recent months as inflation and the threat of a recession rise suggests retailers and brands need to rethink their inventory and promotional strategies to attract and maintain shoppers, analysts...
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
March’s staggering 11.2% year-over-year producer price increase revealed yesterday by the Bureau of Labor Statistics suggests inflation, which reached a 41 year high of 8.4% last month, may be far from peaking and manufacturers, and consumers, should...
Fueled by ongoing supply chain constraints and skyrocketing energy costs due partly to Russia's invasion of Ukraine, inflation continues its upward march with the Consumer Price Index topping out at a staggering 8.5% for all items and 10% for food...
Consumers grappling with skyrocketing grocery prices due to fast-rising inflation may take cold comfort knowing that the increases are not as dramatic as other sectors or as high as in past economically difficult periods in part because of industry’s...
The Consumer Price Index (CPI) for food-at-home — a proxy for grocery-level inflation — was flat in January, after months of declines, with higher prices in eggs, dairy, meat, fish & poultry offset by lower prices for fruits & vegetables, non-alcoholic...
Thought food deflation was finally easing? Apparently not, according to the latest figures from the Bureau of Labor Statistics, which reveal that while protein deflation eased off very slightly, the Consumer Price Index (CPI) for food-at-home — a proxy...
While the consumer price index (all food) rose a modest 1.4% in 2013, it is likely to rise 2.5-3.5% in 2014, predict USDA economists, who believe food price inflation will “return to a range closer to the historical norm”.
“While you can look at one specific cost and you can say it's gone down, I could give you a story for another raw material where it's gone up”, observed Unilever’s chief financial officer Jean-Marc Huet when asked about commodity prices during...
While the cost inflation situation has eased recently eased for many food manufacturers, summer drought conditions are widely expected to put renewed pressure on food prices in 2013.
Meat and cheese were the strongest drivers of higher retail food prices during the first quarter, according to an informal survey conducted by the American Farm Bureau Federation (AFBF).
The US Department of Agriculture (USDA) has raised its forecast for food price inflation in 2011, citing the influence of higher food commodity and energy prices, and stronger global food demand.
Prices of key grain commodities have been climbing rapidly but so far food manufacturers have absorbed much of the cost, according to an analyst at the USDA’s Economic Research Service (ERS).
Food prices are likely to fall slightly from 2011 levels next year, the US Department of Agriculture (USDA) has said in its first food price index outlook for 2012.
The Consumer Price Index for food at home rose 1.1 percent in March, bringing the total rise for food to 2.7 percent over the past three months, the US Bureau of Labor Statistics reported on Friday.
US food prices could surpass those seen during the 2008 food price crisis this year, as higher commodity and energy prices cause food makers to pass on costs, according to the US Department of Agriculture (USDA).
The US Department of Agriculture (USDA) has said it expects the Consumer Price Index to rise by 2 to 3 percent in 2011, ending a period of near-stagnant food price inflation over the past two years.
The US Department of Agriculture (USDA) has reiterated its late-August prediction that food price inflation will be at its lowest since 1992 this year – but higher commodity costs are likely to increase prices in 2011.
The US Department of Agriculture (USDA) has forecast that food price inflation will be at its lowest level for 18 years in 2010, despite recent sharp rises in staple food prices.
Kraft’s pursuit of Cadbury could mark the start of a surge in M&A activity for the sector as consumers’ focus on value supports a stable outlook for food manufacturers during 2010, Fitch Ratings has predicted.
Food manufacturers will find it harder to pass on rising costs to consumers next year and, in a shaky economy, competition will remain intense, according to a new report.
Switching to store brands and buying more staples such as rice and potatoes are among steps being taken by consumers who are increasingly concerned about rising food prices, according to a new survey.
